Property Rent back
A Major Disadvantage Of A Sell And Rent Back Scheme
To sell rent back your house may offer a way out of your present financial predicament but in the long run you will begin to realize the grave disadvantages of a sell and rent back scheme. A major disadvantage of selling and renting back your house is that you may never be able to buy back your house again, even after a few years. This is because, the price of the house continues to increase and in order for you to keep on renting the house, the new owners may continually put a very high price tag on it. So think carefully before following through on a sell and rent back my house scheme.
